Banzai International (NASDAQ:PARA) Price Target Lowered to $24.00 at Ascendiant Capital Markets

Banzai International (NASDAQ:PARA) had its target price cut by equities researchers at Ascendiant Capital Markets from $42.00 to $24.00 in a note issued to investors on Monday, Benzinga reports. The brokerage currently has a “buy” rating on the stock.

Banzai International Stock Down 100.0%

Banzai International Company Profile

Banzai International, Inc is a marketing technology company that provides software designed to help businesses plan, promote, host and measure marketing events. Its platform supports webinars, virtual events and other digital experiences intended to help organizations engage prospects and customers.

The company’s product offerings have included Banzai Reach, which helps marketers manage event promotion and audience outreach, and Demio, a webinar platform focused on hosting online presentations and customer engagement.